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Trump official criticizes Fed chief Powell

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Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.

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White House’s Vought Pressures Powell Over Fed Renovation
Trump official criticizes Fed chief Powell as Trump takes aim over interest rates
White House Escalates Pressure Campaign on Fed Chair by Targeting Its Headquarters Renovation
The Supreme Court said in May that it could block any attempts by the White House to dismiss Powell, noting as part of a separate ruling that the Fed “is a uniquely structured, quasi-private entity.”...

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The White House just took its most aggressive stance yet against Jerome Powell
Can the Next Fed Chair Truly Be Independent From Trump’s Influence?
White House opens new front in attack on Fed chief Jay Powell
Russell Vought, director of the Office of Management and Budget, said in a post on X that Powell, the Fed chair, had “grossly mismanaged the Fed”, accusing the central bank chief of presiding over a ...

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What Trump’s increasingly aggressive attacks on Powell are all about
White House budget director accuses Fed chair of violating building rules in renovation
'Huge deal': White House probe fuels speculation Trump could oust Powell
The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.
White House slams Powell over Fed finances, project cost overruns
The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building renovations.
Banking Dive16h
Dive Deposits: The time Russ Vought moonlighted as a 1980s action star
The acting CFPB director showed his inner Sylvester Stallone, using his position as the White House’s budget chief to grill Federal Reserve Chair Jerome Powell on a hot-button renovation.
White House targets Fed chair Jerome Powell over $2.5B DC HQ renovation: ‘Going to hold him accountable’
Republicans believe Powell’s testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.
The Financial Express1d
‘Extremely troubled by your management’: Trump aide Russell Vought escalates attack on Powell
Vought has claimed that Powell failed to follow government oversight rules and misled Congress about the details of a $2.5 billion renovation project at the Fed’s Washington DC headquarters.
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